*  June 30, 1999 -- Navy Federal Credit Union, the world's largest
       credit union, signs contract with CheckFree for electronic billing and
       payment powered by CheckFree.
    *  June 15, 1999 -- CheckFree takes aim at 100 million Internet
       consumers.  Free introductory offer, growth in electronic billers,
       customer care capabilities and payment offerings outlined.
    *  June 2, 1999 -- Hawaiian Electric to become first Hawaiian utility to
       offer EBP through agreement with CheckFree.
    *  May 12, 1999 -- Pete Sinisgalli promoted to president and chief
       operating officer of CheckFree.  Sinisgalli served as executive vice
       president and chief operating officer since October 1996.
    *  May 6, 1999 -- Home Account Network signs distribution agreement for
       CheckFree E-Bill(SM), to be offered with Canopy Internet banking
       software.
    *  May 4, 1999 -- Cox Communications, one of the nation's leading
       communications companies, signs agreement with CheckFree for electronic
       billing and payment.
    *  April 14, 1999 -- Bank One becomes the first bank to offer fully
       integrated electronic bill delivery through the Integrion Financial
       Network, using CheckFree's growing network of billers.
    *  April 13, 1999 -- CheckFree announces EC Solutions, a new division that
       will provide consulting and professional services to prospective and
       existing clients, industry partners and other organizations.

    Third Quarter 1999 Highlights

    *  March 22, 1999 -- PNC Bank, Integrion Financial Network and CheckFree
       announce plans to pilot a fully integrated, Web-based electronic
       banking, bill delivery and payment service for PNC Bank customers.  PNC
       Bank already uses CheckFree for its bill payment service via personal
       financial management software and telephone bill payment.
    *  March 19, 1999 -- CheckFree rolls out the first large-scale system
       support for the Open Financial Exchange (OFX) specification for
       electronic banking and bill payment.  CheckFree's electronic payments
       engine now supports OFX for transactions processed on behalf of 400,000
       users, making it the largest in-production OFX-compliant system in the
       industry.
    *  March 17, 1999 -- CheckFree and Equifax E-Banking Solutions, one of
       the largest providers of electronic banking software in the United
       States, announce that they have signed a three-year reseller agreement.
       Under the agreement, Equifax E-Banking Solutions will resell CheckFree
       E-Bill(SM) services to their customers, which include banks, credit
       unions and savings institutions worldwide.
    *  March 16, 1999 -- CheckFree's Investment Services division reaches
       600,000 portfolios on CheckFree APL and APL WRAP portfolio management
       system.  These portfolios total more than $400 billion in assets.
    *  March 15, 1999 -- Countrywide Securities Corporation selects CheckFree
       RECON Trade(TM) to automate reconciliation deposits throughout the
       company.
    *  March 8, 1999 -- CheckFree Holdings Corporation announces the
       acquisition of Mobius Group, a leading provider of money manager
       databases and financial planning software to the financial services
       industry.  The Mobius Group will allow CheckFree's Investment Services
       division to offer the broadest suite of investment consulting services
       and products in the industry today.
    *  March 4, 1999 -- billserv.com and CheckFree sign a service bureau
       agreement whereby billserv.com will transmit billing information from
       its base of biller customers to CheckFree, enabling CheckFree to
       provide electronic billing and payment services to the growing number
       of consumers who want to pay their bills electronically.
    *  March 3, 1999 -- CheckFree's Investment Services division announces
       that it has successfully implemented the necessary code enhancements to
       make both CheckFree APL and APL WRAP product lines "Y2K-ready."
       CheckFree APL/APL WRAP is the leading portfolio accounting, performance
       measurement, trading and reporting system in the industry.
    *  March 1, 1999 -- CheckFree and Nevada Power Company announce an
       agreement for electronic billing and payment.  The service will be
       available to Nevada Power's more than 550,000 electricity and energy
       services customers.
    *  Feb. 24, 1999 -- MCI WorldCom, one of the leading global
       communications companies, launches its electronic billing and payment
       service for residential customers -- backed by CheckFree's
       infrastructure.
    *  Feb. 16, 1999 -- Illinois Power, an electric and gas utility serving
       approximately 650,000 customers in Illinois, signs an agreement with
       CheckFree to offer electronic billing and payment using CheckFree E-
       Bill.
    *  Feb. 8, 1999 -- CheckFree announces the installation and successful
       activation of a dedicated trading interface between its Investment
       Services division and Interstate/Johnson Lane, a Charlotte-based
       brokerage and investment-banking firm.  This new trading interface
       provides Interstate/Johnson Lane with true "interactive" trading
       functionality, including the ability to electronically communicate
       trading information directly to the trading floor for immediate
       execution.
    *  Feb. 1, 1999 -- CheckFree names Mike Meriton as the new president of
       Corporate Commerce Solutions, a unit of CheckFree's Software division.
    *  Jan. 26, 1999 -- CheckFree and Countrywide Home Loans, Inc., the
       nation's largest independent mortgage lender with nearly 2 million
       customers, sign an agreement for electronic billing and payment.
    *  Jan. 25, 1999 -- CheckFree's Investment Services division announces a
       new agreement with Boston-based State Street Research & Management Co
       to provide portfolio trading and accounting services.
    *  Jan. 11, 1999 -- NIIT joins CheckFree Biller Alliance Program to speed
       time-to-market solution for billers that choose to house their own
       internal server to link to CheckFree E-Bill version 2.0.

    Second Quarter 1999 Highlights

    *  Dec. 28, 1998 -- Ameren Corp. selects CheckFree to provide electronic
       billing, distribution and payment option for its 1.8 million customers
       in Missouri and Illinois.
    *  Dec. 14, 1998 -- CheckFree and Southern Company, the largest producer
       of electricity in the United States, sign agreement to provide
       CheckFree E-Bill to its customers.
    *  Dec. 9, 1998 -- Data warehousing agreement is signed between
       CheckFree and Business Technology Alliance to provide Investment
       Services clients using CheckFree APL and APL WRAP the ability to store,
       integrate and present mission-critical data for internal and customer
       reports.
    *  Dec. 7, 1998 -- CheckFree licenses bill creation Internet billing
       solution from BlueGill Technologies.  Through the software/server
       solution, billers have an expanded choice of providers to convert
       existing print files to create electronic bills with enhanced marketing
       opportunities.
    *  Dec. 2, 1998 -- Oracle partners with CheckFree for electronic billing
       and payment, which will be fully integrated with Oracle's Internet Bill
       & Pay.
    *  Dec. 2, 1998 -- CheckFree announces next generation of CheckFree E-
       Bill and "direct distribution" model to combine biller control,
       consumer ease-of-use, and quality service through enhanced security and
       complete event tracking and authentication.
    *  Nov.18, 1998 -- HomeSide Lending launches E-Bill Payment Services to
       its 1.4 million customers through agreement with CheckFree.
    *  Nov. 12, 1998 -- edocs completes BillDirect software integration with
       CheckFree E-Bill delivery and payment systems.  BillDirect provides
       billers with a scalable Internet billing server, enrollment processing
       and bill creation.
    *  Nov. 11, 1998 -- CheckFree Investment Services signs agreement with
       Vestek Systems Inc. to provide online performance attribution via an
       integrated data transfer of historical portfolio information from
       CheckFree APL and APL WRAP clients to the Vestek Portfolio Analyzer.
    *  Nov. 11, 1998 -- CheckFree launches Electronic Banking Association Web
       site to educate consumers on electronic banking, billing and payment
       via the Internet.
    *  Nov. 10, 1998 -- CheckFree Biller Alliance Program is launched to help
       billers deliver reliable, quick-to-market electronic billing and
       payment solutions to their customers.
    *  Nov. 10, 1998 -- CheckFree and Mobius Systems, Inc. announce agreement
       to integrate and jointly market a bundled offering that includes
       Mobius' DocumentDirect archiving and retrieval and CheckFree E-Bill
       presentment, distribution and payment solution.
    *  Nov. 10, 1998 -- Malaysia Electronic Payment Systems selects CheckFree
       PEP+(TM) for real-time Automated Clearing House (ACH) transaction
       processing for the country of Malaysia.  CheckFree currently provides
       clearing and settlement systems for Australia, Chile, Panama, Guatemala
       and Colombia.
    *  Nov. 3, 1998 -- CheckFree and EDS sign 6-year agreement to include
       CheckFree's electronic bill payment solution with services EDS provides
       to its financial institution clients.
    *  Nov. 2, 1998 -- CheckFree Investment Services expands strategic
       relationship with Schwab Institutional.  The upgraded software
       interface will enhance the user's ability to import account files
       containing balance, position and trade information from Schwab into
       CheckFree and will be available to download even faster from the
       Internet via the Schwablink Web site.
    *  Oct. 28, 1998 -- Bell & Howell and CheckFree team to integrate paper
       and electronic billing systems into a seamless solutions.
    *  Oct. 27, 1998 -- Dain Rauscher Inc. signs 3-year extension with
       CheckFree to provide sophisticated portfolio administration, trading
       measurement and reporting functionality to Dain Rauscher's Private
       Client Group.
    *  Oct. 14, 1998 -- CheckFree RECON-Plus(TM) for Windows® is selected by
       Cargill, an international agricultural, food, financial services and
       industrial company, to provide daily account reconciliation for
       Cargill's disbursement accounts.
    *  Oct. 13, 1998 -- Nicor Gas and CheckFree launch electronic billing and
       payment option to more than 1.9 million northern Illinois customers.
    *  Oct. 1, 1998 -- First Union launches first fully integrated online
       banking, billing and payment Web site, Cyberbanking BillPay, founded on
       CheckFree services.  BellSouth and Florida Power & Light join the
       launch as highlights of the bills currently available through the First
       Union site.

    First Quarter 1999 Highlights

    *  September 29, 1998 -- CheckFree and the New Zealand Post sign agreement
       to provide Internet billing and payment services for the country of New
       Zealand.
    *  September 28, 1998 -- AIB Govett Inc. selects CheckFree's APL WRAP
       services to provide portfolio accounting services for AIB Govett's
       growing "private client" and high-net work investment advisory accounts
       programs.
    *  September 22, 1998 -- Washington Water Power signs agreement with
       CheckFree for Web-based electronic billing and payment through
       CheckFree E-Bill.
    *  September 14, 1998 -- CheckFree announces new TCP/IP communication
       interface between CheckFree's Investment Services Division and The
       Depository Trust Corporation -- the world's largest securities
       depository.
    *  September 9, 1998 -- PNC Bank announces electronic billing and payment
       through CheckFree E-Bill.
    *  September 9, 1998 -- CheckFree RECON Select(TM) and CheckFree
       A.R.M.(TM) are introduced at New York Cash Exchange.
    *  September 8, 1998 -- CheckFree introduces client/server-based Windows
       version of CheckFree APL -- the industry leading portfolio management
       system.
    *  September 1, 1998 -- Southern California Edison selects CheckFree E-
       Bill to provide electronic billing and payment option to its 4.2
       million customers.
    *  August 31, 1998 -- National Association of Unclaimed Property
       Administrators introduces SCOUT (State Clearinghouse of Unclaimed
       Treasures) Web site -- central database for states to list unclaimed
       property records to be developed and operated by CheckFree.
    *  August 17, 1998 -- American Payment Systems selects CheckFree RECON-
       Plus for Windows client/server solution to automate its more than
       100,000 daily transactions.
    *  August 10, 1998 -- Public Service Company of New Mexico selects
       CheckFree E-Bill for electronic billing and payment.
    *  July 28,1998 -- CheckFree announces agreement to provide NationsBank
       with expanded ACH system support.  NationsBank is the fifth largest
       originator of ACH transactions.
    *  July 15, 1998 -- ABN AMRO North America selects CheckFree's RECON-Plus
       for Windows to Reconcile 150,000+ Accounts.
    *  July 1, 1998 -- CheckFree announces London Bridge Software Holding
       plc to acquire CheckFree Mortgage Products division.